MCX NaturalGas & Aluminum Weekly Report: 26th December 2018

Insignia Consultants New Delhi Wednesday, December 26, 2018 9:30AM IST ———————————————————————————————————————— MCX NATURAL GAS AND ALUMINUM WEEKLY REPORT Aluminum 31st December 2018: (previous day close/CMP Rs.131.90): Support: 122.20-123.50-126.10-128.70-129.90 Resistance: 132.60-133.85-136.20-139.00-141.60 Key support is at 131.00. There will be another wave of sell off below 131.00 to 128.20 and 123.50. Aluminum needs to trade over 133.80-135.20 …

MCX Silver Report: 24th December 2018

Insignia Consultants New Delhi Monday, December 24, 2018 TIME: 3:15 pm IST MCX SILVER TECHNICAL REPORT There can be very sharp two way moves. MCX Silver March 2019: Support: 37033 Resistance: 37717. (a) Small sell off will be there below 37212 and crash below 37033. (b) Silver needs to trade over 37600 to be in …

MCX Energies Report: 21st December 2018

Insignia Consultants New Delhi Friday, December 21, 2018 TIME: 3:48 pm IST MCX ENERGIES MID DAY TECHNICAL UPDATE There can be very sharp two way moves. Trade carefully. Lots of US economic data release are there. MCX Crude Oil 18th January 2019: Support: 3213 Resistance 3266-3313 (a) Crash will be there only below 3190. (b) …

MCX Mid day Report: 20th December 2018

Insignia Consultants New Delhi Thursday, December 20, 2018 TIME: 3:42 pm IST MCX MID DAY TECHNICAL UPDATE MCX Silver March 2019: Support: 37033-37281 Resistance: 37717. (a) Small sell off will be there below 37460 and crash below 37170. (b) Silver needs to trade over 37600 to be in bullish zone for the rest of the …

MCX Lead Report: 19th December 2018

Insignia Consultants New Delhi Wednesday, December 19, 2018 TIME 9:07 AM IST                         ———————————————————————————————————————— MCX LEAD REPORT Crash in global crude oil prices resulted in rupee nose diving against US dollar. This resulted in all MCX metals and energies crashing like a deck of cards. Direction of the rupee will be the key. FOMC meet tonight …

MCX Copper Report: 18th December 2018

Insignia Consultants New Delhi Tuesday, December 18, 2018 TIME 8:40 AM IST                         ———————————————————————————————————————— MCX COPPER REPORT Copper will break free from 425-450 wider trading range and form a new range anytime. Key long term support for copper is at 422. Copper needs to trade over 422 for the rest of the month to be in …

MCX Natural Gas Report: 17th December 2018

Insignia Consultants New Delhi Monday, December 17, 2018 TIME 9:10 AM IST                         ———————————————————————————————————————— MCX NATURAL GAS REPORT Natural gas may have formed a short term top last week. I do not see last week’s high to be broken till future close. Natural gas 26th December 18 (previous day close/CMP Rs.276.10): Bullish over 286.20 with 296.30 …

MCX Crude Oil Report: 13th December 2018

Insignia Consultants New Delhi Thursday, December 13, 2018 TIME 9:50 AM IST                         ———————————————————————————————————————— MCX CRUDE OIL REPORT Remain on the sidelines in crude oil and natural gas. Crude oil 18th December 18: (previous day close/CMP Rs.3749) Bullish over 3711 with 3829 and 3900 as price target. Bearish below 3670 with 3627 and 3555 as price …

MCX Crude Oil Report: 11th December 2018

Insignia Consultants New Delhi Tuesday, December 11, 2018 TIME 10:10 AM IST                       ———————————————————————————————————————— MCX CRUDE OIL REPORT It is not every day that the governor of the reserve bank of India resigns. Volatility will zoom. Crude oil 18th December 18: (previous day close/CMP Rs.3700) Bullish over 3740 with 3812 and 3872 as price target. Bearish …

MCX Natural Gas Report: 10th December 2018

Insignia Consultants New Delhi Monday, December 10, 2018 ———————————————————————————————————————— MCX NATURAL GAS WEEKLY REPORT If the rupee weakens against the US dollar, then all metals and energies will rise. Natural gas 26th December 18 (previous day close/CMP Rs.324.00): Support: 278.80-289.60-301.40-317.40 Resistance: 334.60-341.20-358.30-369.20-386.30 Momentum is very bullish. Key weekly resistance is at 341.20. There will be …